Historic Burundian Franc Burmese kyat

Burundian Franc burmese kyat history for January 2024. The highest quote for this month is 0.73874 (06/01/2024) and the lowest 0.73903 (06/01/2024). The difference between high and low is -0.04.

BIF MMK average rate for January 2024 is 0.73535, the change between 01/01/2024 and 31/01/2024 is +0.52 %.

01 January 20241 BIF = 0.7368 MMK
02 January 20241 BIF = 0.7368 MMK
03 January 20241 BIF = 0.7352 MMK
04 January 20241 BIF = 0.7343 MMK
05 January 20241 BIF = 0.7344 MMK
06 January 20241 BIF = 0.7387 MMK
07 January 20241 BIF = 0.7387 MMK
08 January 20241 BIF = 0.7366 MMK
09 January 20241 BIF = 0.7335 MMK
10 January 20241 BIF = 0.7364 MMK
11 January 20241 BIF = 0.7344 MMK
12 January 20241 BIF = 0.7343 MMK
14 January 20241 BIF = 0.7385 MMK
15 January 20241 BIF = 0.7363 MMK
16 January 20241 BIF = 0.7365 MMK
17 January 20241 BIF = 0.7363 MMK
18 January 20241 BIF = 0.7336 MMK
19 January 20241 BIF = 0.7333 MMK
22 January 20241 BIF = 0.7360 MMK
23 January 20241 BIF = 0.7339 MMK
24 January 20241 BIF = 0.7335 MMK
25 January 20241 BIF = 0.7332 MMK
26 January 20241 BIF = 0.7334 MMK
28 January 20241 BIF = 0.7379 MMK
29 January 20241 BIF = 0.7357 MMK
30 January 20241 BIF = 0.7332 MMK
31 January 20241 BIF = 0.7330 MMK

22/02/2021: Kyat's Depreciation Challenges

The Burmese kyat faced significant depreciation and instability due to political turmoil and the military coup in Myanmar.

29/06/2018: East African Community Currency Integration

Burundi joins the East African Community (EAC) currency integration, paving the way for a future unified currency within the region.

23/04/2015: Foreign Exchange Market Liberalization

Restrictions on foreign exchange were lifted, allowing a more liberalized foreign exchange market in Myanmar.

02/04/2012: Managed Float Regime Implemented

The Burmese government adopted a managed float exchange rate regime, allowing the kyat to fluctuate based on market forces.

17/10/2011: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs are introduced in denominations of 500, 1000, 2000, 5000, and 10,000 Francs.

30/06/2003: Second Currency Revaluation

The Burundian Franc undergoes another significant devaluation as part of the second currency revaluation program.

30/04/1995: Printing of Banknotes

The first locally printed banknotes, issued in denominations of 10, 20, 50, 100, 500, 1000, and 5000 Francs, are circulated.

20/10/1990: Introduction of New Coins

New coins are introduced in denominations of 1, 5, 10, 50, and 100 Francs.

01/04/1990: Foreign Exchange Certificates Introduced

Foreign Exchange Certificates (FECs) were introduced as a parallel currency to stabilize the economy and control the black market.

01/09/1987: Second Kyat Revalued

Due to hyperinflation, the Burmese kyat was again revalued, with 1 kyat replacing 10 new kyats.

22/09/1985: First Currency Revaluation

The Burundian Franc is significantly devalued as part of a currency revaluation program.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

30/06/1960: Independence from Belgium

Burundi gains independence from Belgium, establishing the Burundian Franc as its official currency.

01/07/1952: Kyat Introduced

The Burmese kyat was first introduced as the official currency of Burma, replacing the Indian rupee at an exchange rate of 1 kyat = 1 rupee.